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ACHUSD trade ideas

FOMO, The GOOD and the BAD! Good day everyone, this is my second psychology method. Today we are learning about FOMO. FOMO is another word for Fear of missing out. This means a couple of things in the mind of trader. "Oh my god, it keeps going up." "I am going to miss it" "Fudge it, all in" "I can make a lot of money if I go in." "It is going to the MOON!" When this comes to mind of a trader, it losses their train of thought. The strategy that they have been using just goes out the window. Some call it "Risk it for the biscuit." The worse thing about fomoing into a crypto or pair is winning it, this is because it becomes a habit and each time something pumps 100% or more they end up fomoing. The only problem is, what if it doesn't go higher and it just dumps so quick for someone to react. In the end of the day, you will lose a lot of money. You might get lucky but luck runs out. If you win by fomoing once or twice, then do not keep doing it. It was free money that the market gave you. Go back to your strategy and just call it an Anomaly. Example: The crypto you are looking at is called ACH, this crypto got listed to coinbase and it pumped over 1,000% in the last 4 days. What I notice in the crypto chat, is that many people, especially people new to the market wanted to get in even though it pump so much. ACH kept going higher and higher and I knew the fomo was kicking in. Seconds later, boom it dump. It dumped fast. As a patience trader, I wait for the best entry and even though I miss the pump, I still manage to get 50% from scalping. Remember this is not the only method you use to be a successful trader. There are many aspect to become one. Thank you!
COINBASE:ACHUSD
by OmaOne
6
ACH Alchemy Pay investorsEarly investors in Alchemy Pay: Yahoo co-founder and former CEO Jerry Yang, Pantera Capital, Coinbase, SignalFire, Samsung, Stanford University, Google chairman and Stanford University President John L. Hennessy, Charles Schwab, LinkedIn co-founder Reid Hoffman, DFJ Growth, K5 Global, the Chainsmokers, actor Jared Leto and the Glazer family (owners of the Tampa Bay Buccaneers and Manchester United). The latest financing brings its total raised to $95.5 million since it launched in 2017. Alchemy has more than $300 million of investor demand wanting. The current mk cap is 300Mil, so i expect e 10x from now based on investments and adoption. My price target is between $1 to $2 short term. It perfectly touched the Fibonacci retracement 0.618 and now it`s loading for the next target, 0.30usd. Pantera Capital’s Paul Veradittakit about Alchemy: “While in Web 2.0, Microsoft, Apple and AWS are three of the most valuable companies in the world because they are the developer platform powering the computer and internet industries, Alchemy is primed to do the same for the blockchain” Alchemy is the technology behind every major NFT platform, including MakersPlace, OpenSea, Nifty Gateway, SuperRare and CryptoPunks. Joe Lau (CTO) of Alchemy: “Every time you interact with an NFT, you’re using Alchemy. It’s being powered by Alchemy underneath the hood.” Enjoy!
COINBASE:ACHUSDLong
by TopgOptions
42
ACH to .11 Flag continuationNot financial advice. Continuation of the bulls in control here. Flag after flag. Market cap is so low yet. if it hits $1 billion thats just above .30+ cents per coin. (This is listed on Coinbase, Coinbase Pro, Huobi) Binance Partner A lot of PR on Alchemy Pays' Twitter Highly suggest going to check that out. Divergence on the rsi Stoch is mid way, soon to get back up to the top to signal strength in movement. Momentum is perking up. ACHUSDT chart - check the weekly chart -> Stoch indicator is just perking up from the bottom. STRONG MOVEMENT INCOMING.
COINBASE:ACHUSD
by StofAxeCapital
5